Gold Today Rate, January 8: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Gold Prices Overview: Following a slight decline over the past month, the Indian gold market has recently experienced a small uptick after a notable correction. This change is occurring against the backdrop of ongoing tensions between the US and Venezuela. According to forecasts from Goldman Sachs, around 70 percent of global institutional investors expect gold prices to increase in the upcoming year. Despite this optimistic outlook, today, January 8, gold prices in India have seen minor decreases across different purity levels.

For reference, 24-carat gold, recognized as the purest and most costly variant, is primarily utilized for investment purposes. Meanwhile, 22-carat and 18-carat gold are commonly used in jewellery manufacturing.

Current Gold Rates in India (January 8, INR):
– 24-carat gold is priced at ₹13,800 per gram, reflecting a decrease of ₹27.
– 22-carat gold stands at ₹12,650 per gram, down by ₹25.
– 18-carat gold is valued at ₹10,350 per gram, with a reduction of ₹21.

https://www.goodreturns.in/gold-rates/ahmedabad.html